Introduced
by
To expand a <a href="http://www.michiganvotes.org/2011-HB-4134">2012 law</a> that exempts homes and apartments built "on spec" by residential real estate developers from school operations property tax for three years (or until the property is occupied, whichever occurs first). The bill would extend the exemption to the land, not just the new structures.
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
Passed in the House 86 to 24 (details)
Referred to the Committee on Economic Development
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 27 to 9 (details)
To expand a <A href="http://www.michiganvotes.org/2011-HB-4134">2012 law</A> that exempts land on which homes and apartments built "on spec" by residential real estate developers from school operations property tax for three years (or until the property is occupied, whichever occurs first). The bill would extend the exemption to new structures, not just the land.
Motion to reconsider
by
The vote by which the bill was passed.
The motion passed by voice vote
Received
Passed in the Senate 26 to 10 (details)
To expand a <A href="http://www.michiganvotes.org/2011-HB-4134">2012 law</A> that exempts land on which homes and apartments built "on spec" by residential real estate developers from school operations property tax for three years (or until the property is occupied, whichever occurs first). The bill would extend the exemption to new structures, not just the land.
